1inch Team Invests Over $25 Million in ETH and WBTC Amid Market Movements

COINOTAG reports that on February 3rd, the investment fund associated with the 1inch team made a significant move, allocating an additional 15 million USDC to acquire 4032.1 ETH and 52.07 WBTC. This recent expenditure has cumulatively raised their total investment to over 25 million USDC in Ethereum (ETH) and Wrapped Bitcoin (WBTC). The fund notably invested 20.43 million USDC to acquire 7289.1 ETH at an average cost of $2804 per ETH. Furthermore, 5 million USDC was directed towards purchasing 52.07 WBTC, averaging $96,025 each.